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"Guangzhou is fast becoming a global leader in science and technology innovation," said Alan Murray, president of Fortune and chief content officer of the United States-based group Time Inc.

"For global brands, stepping into China through cross-border e-commerce means more than just market expansion," said Zhang Tianbing, Deloitte Asia-Pacific Consumer Products and Retail Industry Leader. "It requires a combination of digital resources and approaches to connect and interact with consumers, and satisfy their demands promptly, accurately and efficiently."

"For China to maintain healthy and stable development, the key is to keep deepening reforms, pushing further opening-up and encouraging innovation so that we can spark the enthusiasm of State-owned enterprises, private businesses and foreign companies and fully unleash the market potential," Xie said.

"For core technology and companies available to be purchased, we'll buy them all," Xu told some 1,100 representatives from more than 200 potential partners at the conference.

"Guizhou has many beneficial factors for our project. It has a nice environment and huge government investment in terms of both capital and talent, which is attractive. We can enhance our competitiveness with more talent," Zhou says of the reason behind choosing Guizhou.